How Obama’s Bailout of GM Subsidized China

Written by Gary North on May 25, 2012

In 2009, the Obama administration turned over $49.5 billion in bailout money to General Motors. The company knew what to do with this money. It created jobs in China, where it has 2,700 dealerships. It also had its Cadillac division sponsor a movie produced by the Communist Party of China that praises the history of […]

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